Employment Practices Liability Insurance Florida.
Employment Practices Liability Insurance Florida – Necessary Protection for Your Business.
EPLI coverage from our company can help protect you and your business.
As a business owner, or director of operations for your organization it is wise to ensure that you are planning for worst case scenarios. If there is a liability suit against your business, Church, Non Profit Organization, Daycare, or School, Employment Practices Liability Insurance Coverage – also known as EPLI – will be there to help protect you and assist your business through troubling times involving employment-based litigation against your organization.
EPLI coverage from Strong Tower Insurance usually includes the following protections for businesses:
- Wrongful Discipline
- Negligent Evaluation
- Wrongful Termination
- Failure to Employ or Promote
- Sexual Harassment
- Breach of Contract
- And More
It is not a very good idea to go without Employment Practices Liability Insurance.
With a rising trend in suits against businesses by disgruntled employees, this coverage can help protect your business against lawsuits that unfortunately are becoming an increasing part of business today.
Claims Example Florida Employment Practices Liability Insurance:
Ben Johnson signed a non-compete agreement with your company prior to accepting your company’s outside sales position. Ben was an adequate sales person, however he became dissatisfied with his compensation package and felt he deserved far more.
He decided to go to work for your competitor and he promptly began to contact your customer’s in violation of the non-compete agreement he signed with your company.
The legal department of your company mailed a letter and a partial copy of the non-compete agreement to his employer and Ben’s new employer immediately fires Ben!
Ben in turn within 1 week finds a shady attorney who immediately filed a $1 Million suit against your company hoping for a quick out of court settlement.
Your legal department turns over the suit to your insurance company who cares for your Employment Practices Liability Insurance. Within 6 months the suit is dropped against your company as Ben’s attorney filed a motion to be dismissed from the case. (Evidently Ben decided to stop cooperating with his attorney when your insurance company decided it would be prudent to file a counterclaim for violation of the non-compete agreement Ben signed)
Over $50,000 in legal fees would have been incurred by your company to defend this frivolous lawsuit. Thankfully your company had the foresight to purchase EPLI coverage.
Call Strong Tower Insurance Today for Florida EPLI Coverage!
Please call 1-800-329-0093 Monday – Friday to speak with one of our Business Insurance agents to discuss the importance of Florida EPLI Coverage.
Tags: Employment Practices Liability Insurance Florida, Florida Employment Practices Liability Insurance, Florida EPLI Coverage
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